Newell & Bettie Graham Foundation
- Assets
- $1.8m
- Revenue
- $286.1k
- Investments
- $1.7m
- Employees
- 0
- Location
- Rives, TN
- Founding
- 12/1999
- Data as of
- 12/2022
- EIN
- 62-1795977
Organization Overview
Newell & Bettie Graham Foundation is located in Rives, TN. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newell & Bettie Graham Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Newell & Bettie Graham Foundation generated $286.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.5% each year . All expenses for the organization totaled $92.0k during the year ending 12/2022. While expenses have increased by 0.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Newell & Bettie Graham Foundation has awarded 73 individual grants totaling $618,200. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
R Newell Graham President | 0 | $0 | |
Bettie Young Graham Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $247,344 |
| Interest on Savings | $0 |
| Dividends & Interest | $38,804 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $84,686 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $286,148 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,033 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,033 |
| Contributions, gifts, grants paid | $91,000 |
| Total expenses and disbursements | $92,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,169 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,822,418 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Newell & Bettie Graham Foundation has awarded $91,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ST JAMES EPISCOPAL CHURCH PURPOSE: CHURCHIN OBION COUNTY | $11,500 |
NATIONAL WORLD WAR II MUSEUM PURPOSE: PROMOTE HISTORY& EDUCATION | $1,500 |
UNIVERSITY OF MS ATHLETICS PURPOSE: PROMOTE ATHLETICS | $35,000 |
UNION CITY ROTARY CLUB PURPOSE: PROMOTE EDUCATIONIN OBION COUNTY | $27,000 |
U T FOUNDATION ATHLETICS PURPOSE: RIFLE TEAM | $1,000 |
DISCOVERY PARK OF AMERICA PURPOSE: EDUCATIONAL MUSEUM | $15,000 |